Here is how the employment numbers are shaping up:
This week we saw the ADP employment numbers and they were slightly worse than anticipated. That shook the markets on Wednesday. Then on Thursday, we saw the weekly initial jobless claims numbers and while they were better than expected (550k vs. 580k...
The latest from TrimTabs…..
TrimTabs Estimates U.S. Lost 488,000 Jobs in July
BLS Likely to Revise Job Loss Estimates Sharply Higher for First Half of 2009
Sausalito, CA August 5, 2009 TrimTabs Investment Research estimates that the U.S. economy lost 488,000 jobs in July, considerably more than the consensus estimate...
Some of the more interesting and important items for August 4th :
Bank of America Among Worst for U.S. Mortgage Modifications, Treasury Says – Surprised?
Toyota Sees Outlook Improving – Nice to see…
US consumer spending rises in 2nd straight gain (AP) – But, look at revisions…
SEC, BofA Settle Over...
Personal income dropped to the lowest point in four years according to reports. This is in advance of the retials sales release later this week. How will consumers spend if there are less jobs now and lower income?
Add to this that the personal savings rate is growing exponentially and we...
Stock picks and the economy from this week and month are discussed in detail. How far have we come and where are we going? Is there a a “W” recovery coming or is this the best we will see? Are we on a sugar high? We...
